economy

A new survey shows this year's ArtPrize attracted more people from outside Grand Rapids than last year's contest. Preliminary numbers show half the people who participated in ArtPrize came from outside of the Grand Rapids area. Only 6% came from outside of Michigan.

My Dad grew up in Detroit in the 1930s. He described a city humming with activity: factory whistles sounding, street cars rolling by, and broad sidewalks crowded with people.

We went back to his old neighborhood several years ago. His house was on Lakeview Avenue.

It's gone now, along with the houses on most of the block. I was left to imagine his childhood home, and the stickball games he'd play in the alley, by trying to extract mental images from the remaining concrete slabs we could see.

More houses are coming down in Flint. Kristin Longley reports in the Flint Journal that 174 houses will come down by December 31st. That's on top of the 125 houses city crews are expected to take down by the end of the year.

Flint union leader Sam Muma says city crews can't take down all the homes scheduled for demolition:

"There's no way the crews I represent, the city employees, can handle all that. We have a situation quite unique in our time."

Habitat for Humanity says it's saving money by fixing up foreclosure in Michigan, rather than building new. The Environment Report's Rebecca Williams visited volunteers working on rehabbing a house in Ypsilanti Township. Megan Rogers with Habitat says rehabbing foreclosures costs about 1/3 less than building new, but it can be a bit more challenging:

The Great Recession has meant tough times for state governments. Michigan has been hit extra hard and leaders in the state have been fighting over a shrinking budget for several years. These budget battles have led to brief government shutdowns in years past. But with the new fiscal year starting October 1st, leaders in the state seem to have resolved their differences.

A report from the Institute for Policy Studies looked at CEO compensation from the 50 companies that layed off more workers during the recession. They found the CEOs at these companies are paid more, on average, than the average pay for the CEOs running to top 500 companies in the U.S. (S&P 500).

Sarah Anderson is the lead author of the report. She says,

"CEOs are squeezing workers to boost short-term profits and fatten their own paychecks."

The unemployment picture in Michigan is still bad. It stands at 13.1% now. The worst it's been since the early 1980's.

Now, a new report by the Michigan League for Human Services puts the long-term unemployment picture into perspective. In 2000, people unemployed for more than 26 weeks, accounted for 6.5% of the total number of unemployed. Today, the long-term unemployed account for 40.8% of the unemployed.

There's a new post on Michigan Radio's Picture Project site. Bob Vigiletti has eighteen beautiful shots taken in the waning years of the Michigan State Fair. The fair, proclaimed to be the country's oldest, was closed because of declining attendance and revenues in 2009. Vigiletti writes:

It is only through out thoughts and photographs that we preserve and cherish memories of the past.